2018-9-27 10:44 |
Resistance Levels: $0.52, $0.54, $ 0.56
Support Levels: $0.46, $0.44, $0.42
Yesterday, September 26, the XRP price was in a bullish trend. After price correction, the digital currency found support at the $0.45 price level. There was price consolidation at that price level. Then the bulls took control of the market and reached the high of $0.54 but price pullback to the low of $0.53. Today, the price of the digital currency is on a range bound movement at a price of $0.53. Price is expected to be in a range bound movement.
Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In the same vein, the XRP price is above the 12-day EMA and the 26-day EMA which indicates that a bullish trend is ongoing. Nevertheless, the Relative Strength Index period 14 is level 57 which indicates that price is in the sideways trend zone.
XRP/USD Short-term Trend: RangingOn the 1-hour chart, the XRP price is in a sideways trend. The XRP price is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Also, the MACD line and the signal line are above the zero line which indicates a buy signal.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
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